Category Archives for Industry News

Forwarder market share, margins shrank in 2023 as market normalized Going into 2024, 3PLs will need to determine which ancillary offerings they’ll invest in to weather a supply-demand imbalance that will likely last for the next year or two. Forwarder market share, margins shrank in 2023 as market normalized Journal of Commerce

Forwarder market share, margins shrank in 2023 as rates normalized Going into 2024, 3PLs will need to determine which ancillary offerings they’ll invest in to weather a supply-demand imbalance that will likely last for the next year or two. Forwarder market share, margins shrank in 2023 as rates normalized Journal of Commerce

A decade on, logistics industry still awaits proof that VC is a welcome partner None of the most prominent venture-backed names in logistics have had a successful exit yet, but perhaps patience is still required before the industry can say for sure if venture capital is a worthy funding route for company founders. A decade […]

A decade on, logistics industry still awaits proof that VC is a welcomed partner None of the most prominent venture-backed names in logistics have had a successful exit yet, but perhaps patience is still required before the industry can say for sure if venture capital is a worthy funding route for company founders. A decade […]

Maersk signs pact to develop methanol bunkering at Japan’s Yokohama port With around 130 methanol-enabled dual-fuel container ships on the water or on order, carriers have been scrambling to secure supplies of the green fuel. Maersk signs pact to develop methanol bunkering at Japan’s Yokohama port Journal of Commerce

Major FMC rulemakings, cases to provide industry clarity in 2024 The Federal Maritime Commission’s final rule on detention and demurrage will be a watershed moment in the industry next year, but it won’t be the only one. Major FMC rulemakings, cases to provide industry clarity in 2024 Journal of Commerce

Red Sea-linked sailing disruptions threaten Indian port flow gains As the impact of longer routings percolates through the supply chain, local industry sources expect a wave of void calls and/or alterations in Indian port rotations across various trade routes. Red Sea-linked sailing disruptions threaten Indian port flow gains Journal of Commerce

Expected Q1 drop in US trucking jobs not likely to move needle on pricing, capacity Larger trucking employers may be reluctant to lay off workers ahead of what they hope will be an uptick in freight demand this coming spring or summer.  Expected Q1 drop in US trucking jobs not likely to move needle on […]

CBP ruling prohibits US customs brokers from using offshore labor The ruling is significant because it means US brokers can no longer use less expensive offshore labor to cut down on operational costs associated with import entry preparation and other brokerage services. CBP ruling prohibits US customs brokers from using offshore labor Journal of Commerce

Steady rise in passenger capacity undermining air freight rate growth Air freight volumes are not expected to show any significant growth until well into 2024, and some analysts question whether there will even be a peak season for exports from Asia at the end of the year. Steady rise in passenger capacity undermining air freight […]